St Joseph, MO         Fri, Feb 26, 2021      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Friday 02/26/2021              119,000    1,000     488,000     5,000
Week ago                       109,000    1,000     488,000     5,000
Year ago (act)                 115,000    2,000     483,000     6,000
Week to date                   602,000    8,000   2,468,000    35,000
Same Period Last Week          489,000    8,000   2,265,000    33,000
Same Period Last Year (act)    601,000    9,000   2,466,000    33,000

Saturday 02/27/2021             64,000        0     174,000     1,000
Week ago                        63,000        0     167,000         0
Year ago (act)                  27,000        0      95,000     1,000
Week to date                   666,000    8,000   2,642,000    36,000
Same Period Last Week          552,000    8,000   2,432,000    33,000
Same Period Last Year*(act)    628,000   10,000   2,561,000    35,000
2021 Year to Date            5,166,000   64,000  21,568,000   281,000
2020 *Year to Date           5,393,000   89,000  22,427,000   305,000
Percent change                   -4.2%   -27.9%       -3.8%     -7.7%
2021 *Totals subject to revision
2020 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day                      Steer and Heifer    Cow and Bull
                      Thursday         94,000            27,000

INDEXES
                       02/25  02/24  02/23  02/22  02/19  02/18  02/17
CATFAX FED 6 STATE    114.01 113.99 113.98 113.97 113.97 113.95 113.87
CATFAX FED 3 STATE    114.03 114.02 114.00 114.00 114.00 114.00 114.00
CME FEEDER            138.91 139.48 140.11 140.39 141.12 138.11 136.29
CME LEAN HOG          *80.70  79.95  79.12  78.16  77.74  77.43  77.20
3 Area LEAN HOG        78.59  77.92  77.42  76.59  75.43  75.55  74.79
NA = Not Available
**NA = Not Available Due to Packer Submission Issues.
+ Before the CME Feeder price indicates a revision by the CME.
* = Projection. CME projected Lean Hog Index, is only an estimate that 
may vary one or two cents from actual.

NOTES: 3 AREA LEAN: 3 area lean value base cost for 51-52% lean hogs
CATFAX FED 6 STATES: Iowa, Colorado, Kansas, Nebraska, Texas, and Oklahoma
CATFAX FED 3 STATES: Kansas, Texas, and Oklahoma

PORK

Des Moines, IA        Fri, Feb 26, 2021      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

02/26 AM CARCASS CUTOUT - $ 94.61   CHANGE  -0.52  TOTAL LD COUNT  139.63

02/26 PM CARCASS CUTOUT - $ 93.84   CHANGE  -1.29  TOTAL LD COUNT  213.51

CARLOT PORK -  OPEN  02/26         CARLOT PORK -  CLOSE 02/26
LOADS - CUTS  120.98 TRIM  18.66   LOADS - CUTS  191.03 TRIM  22.48
LOINS 1/4" Trim VAC       91.86    LOINS 1/4" Trim VAC       91.39
LOINS BNLS CC Strap On   111.68    LOINS BNLS CC Strap On   113.71
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    74.88           Trm Sel  20-23#    77.85
       Trm Sel  23-27#    75.97           Trm Sel  23-27#    76.16
BELLIES  Skn-on 10-12#   274.25    BELLIES  Skn-on 10-12#   271.68
BOXED    Skn-on 12-14#   242.21    BOXED    Skn-on 12-14#   233.03

BEEF

Des Moines, IA        Fri, Feb 26, 2021      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales 
Afternoon - USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 1:30pm

Based on negotiated prices and volume of boxed beef cuts delivered within 0-21 
days and on average industry cutting yields. Values reflect U.S. dollars per 
100 pounds.

BEEF CUTOUTS -  OPEN  02/26       BEEF CUTOUTS -  CLOSE 02/26
CH 600-900# $241.24  +0.85        CH 600-900# $240.53  +0.14
SE 600-900# $229.78  +0.99        SE 600-900# $229.73  +0.94
LOADS     21.30 - Choice Cuts     LOADS     43.71 - Choice Cuts
           2.71 - Select Cuts                7.41 - Select Cuts
           4.82 - Trimmings                  4.86 - Trimmings
           1.99 - Coarse Grinds              2.56 - Coarse Grinds

POULTRY

02/26 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $107 to $113 cents FOB
16-24 lb toms $107 to $113 cents FOB

02/25- Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 02/20      Week Ago     Yr Ago
                                      95,927      163,944    169,956

02/26 - Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 02/26    Week Ago      Yr Ago
                                              $ 83.05    $ 83.16      $ 76.71
National Composite Wtd Avg for the Month of:  February - $ 82.97

02/24 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 02/20 - 231 million, off 3% from a year ago
Chick placement for the week ending 02/20 - 183 million, off 4% from a year ago

02/26 - New York Eggs
Prices end the week steady on all sizes. The undertone is steady. Supplies are
fully adequate while offerings are light to moderate. Retail demand is moderate
to fairly good. Market activity is slow to moderate.

Extra Large    127-131
Large          125-129
Medium          97-101